6355 Naples BlvdNaples, FL 34109

Property Details for 6355 Naples Blvd

Year built

2007

Lot size

1.51 AC

Property size (Sq ft)

10,419 SF

Zone code

PUD

Property type

Retail space

APN

66760002104

APU

66760002104

Description

This exceptional opportunity presents a thriving CBD and THC store for sale in Naples, Florida. Located at 6355 Naples Blvd, Suite B-5, this 1,544 square foot storefront is part of a two-building, single-story retail center on a 1.51-acre lot with 60 parking spaces. The property, built in 2007 and renovated in 2019, is zoned PUD and boasts a Class B rating. The business operates under a NNN lease with a franchisee tenant, with a remaining lease term of approximately 0.4 years (expiring April 21, 2024), and includes two lease options. The current occupancy is 100%, commencing April 18, 2019. The asking price is $399,000, with a current Net Operating Income (NOI) of $330,000. Rent bumps are set at 3% annually. The sale includes approximately $45,000 in inventory and $12,500 in furniture, fixtures, and equipment. The seller will provide up to three months of phone-based training. Financial statements are available upon signing a non-disclosure agreement. This business consistently ranks among the top performers within its national franchise network. The prime location in Naples' affluent retail district ensures high foot traffic and strong sales potential. This is a remarkable opportunity to acquire a well-established, high-performing business with significant growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $4,062,706

  6.5%

  $3,750,190

  7%

  $3,482,319

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,267,182

  Geo Method

  $9,169,330

• Alternative Use

  Use

  Valuation

  Residential

  $3,163,426

  Hospitality

  $2,897,681

  Educational

  $2,410,836

  Medical

  $2,493,749

  Retail

  $3,750,190

Location Insight

City

Naples

County

Collier

State

Florida

Latitude

26.2199

Longitude

-81.7725

CBSA code

34940

CBSA name

NAPLES-MARCO ISLAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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